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26 Jun 08 Changes to commencement dates to avoid SIS retrospectivity - new regs

Superannuation Industry (Supervision) Amendment Regulations 2007 (No 5) Amendment Regulations 2008 (No 1) was made on 24 June 2008 and registered on the Federal Register of Legislative Instruments on 25 June 2008 as Select Legislative Instrument 2008 No 133. These Regulations amend the commencement date for items 13 to 19 of the Superannuation Industry (Supervision) Amendment Regulations 2007 (No. 5) to correct for retrospectivity. These items deal with prescribing the period for the requirement to provide the audit report to the Australian Prudential Regulation Authority (APRA), and requiring trustees to notify APRA of a change in trustee.

For a copy of Superannuation Industry (Supervision) Amendment Regulations 2007 (No 5) Amendment Regulations 2008 (No 1), go here

Superannuation Industry (Supervision) Amendment Regulations 2008 (No 2) was made on 24 June 2008 and registered on the Federal Register of Legislative Instruments on 25 June 2008 as Select Legislative Instrument 2008 No 134. The purpose of the proposed Regulations is to insert regulation 8.02 which prescribes the period in which the auditor must be appointed and to ensure that the correct reference to a section in the SIS Act is made to the SIS Regulations. The regulations also correct for retrospectivity in relation to item 11 of the Superannuation Industry (Supervision) Amendment Regulations 2007 (No. 5).

For a copy of Superannuation Industry (Supervision) Amendment Regulations 2008 (No 2), go here

For a copy of the Explanatory Statements, click on ES/Supp Material

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